Boob: Not everything valuable can be quantified. And if you can't ever measure it, doesn't mean it's not important. Boob: In the agricultural revolution, in America, there was 70% of Americans were living on farms. Now there is less than a percent. So all those farmers over a long period of time have lost their jobs. They would find it very hard to believe that there was anything for them to do.
Kevin Kelly talks with EconTalk host Russ Roberts about measuring productivity in the internet age and recent claims that the U.S. economy has entered a prolonged period of stagnation. Then the conversation turns to the potential of robots to change the quality of our daily lives.